NSEPress Release24 Aug 2026 · 24 Aug 2026, 07:01 am

Press Release

JTL INDUSTRIES LIMITED · JTLIND

✦ AI Summary▲ PositiveExpansion

JTL Industries Limited's subsidiary, JTL Engineering Limited, plans to expand its narrow-width HR coil manufacturing capacity by approximately Rs. 15 Crore, doubling its capacity from 5,000 MT to 10,000 MT per month.

Analysis Scores

Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

JTL INDUSTRIES LIMITED has informed the Exchange regarding a press release dated August 24, 2026, titled "Expansion of Narrow-width HR Coil manufacturing capacity by Subsidiary Company".

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JTLIND_24082026070033_PressReleaseExpansionByJTLEngineering24082026.pdf

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August 24, 2026 The Manager, The Manager, Corporate Relationship Department, Listing Department, BSE Limited. National Stock Exchange of India Ltd. 25th Floor, P.J. Towers, ‘Exchange Plaza’, C- 1 Block G, Bandra Kurla Dalal Street, Complex, Bandra (East) Mumbai - 400001 Mumbai – 400051 Scrip Code: 534600 NSE Symbol: JTLIND Dear Sir/Madam, SUBJECT: PRESS RELEASE- EXPANSION OF NARROW-WIDTH HR COIL MANUFACTURING CAPACITY BY SUBSIDIARY COMPANY Pursuant to the provisions of Regulation 30 or any other applicable regulations, if any of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached the Press Release regarding the proposed capital expenditure of approximately Rs. 15 Crores by JTL Engineering Limited, Subsidiary of the Company, towards expansion of its narrow-width HR coil manufacturing capacity. You are requested to take the same in your records. Thanking You, Yours Sincerely, For JTL Industries Limited Amrender Kumar Yadav Company Secretary and Compliance Officer Press Release JTL Engineering Announces Rs. 15 Crore Capex to Double Narrow- Width HR Coil Capacity Chandigarh, 24th August 2026: JTL Industries Limited (“JTL” or “the Company”) (BSE: 534600 | NSE: JTLIND), a leading manufacturer of structural steel tubes and pipes, announced that its subsidiary, JTL Engineering Limited, will undertake a capital expenditure of approximately Rs. 15 Crore to expand its narrow-width HR coil manufacturing capacity. The planned expansion will double JTL Engineering Limited’s HR coil manufacturing capacity from the current 5,000 MT per month to 10,000 MT per month. The expanded facility is expected to be commissioned in Q4 FY27. With the proposed expansion, JTL Engineering Limited will enhance its capability to manufacture wider narrow-width HR coils. The maximum coil width will increase from the current 9 inches (228.6 mm) to 11 inches (279.4 mm). The increased width capability will broaden the range of narrow-width HR coils that can be manufactured by the Company, enabling JTL Engineering Limited to address a wider set of product specifications and customer requirements. JTL Engineering Limited’s manufacturing process uses sponge iron and steel scrap as key raw materials. The use of scrap supports efficient utilisation of raw materials and forms an important part of the Company’s approach towards recycling and more circular manufacturing. Illustrative manufacturing process for JTL Engineering Limited’s narrow-width HR coil production Press Release Commenting on the development, Mr. Madan Mohan, Managing Director of JTL Industries Limited said: “The proposed expansion reflects our focus on strengthening JTL Engineering Limited’s manufacturing capabilities and expanding the range of products that we can offer. The additional capacity and wider coil capability will enable us to cater to a broader range of product specifications and customer requirements.” About JTL Industries Limited JTL Industries Limited is among the fastest-growing steel tube manufacturers, with its registered office situated in Chandigarh. The company operates manufacturing facilities in Punjab, Maharashtra, Chhattisgarh and Himachal Pradesh (including its subsidiaries). Its cumulative pipe manufacturing capacity is approximately 9,36,000 MTPA, with around 3,00,000 MTPA dedicated to backward integration. The company is a recognized Three Star Export House. Its product range includes DFT Structural Pipes, GI Pipes, MS Black Pipes, Hollow Sections, Solar Structures, HR Coils and Phosphorous Bronze, Copper and Brass Alloys, among others, which cater to various industrial and infrastructural applications. For further information, please contact: Abhishek Dakoria / Kapil Juneja Mr. Amrender Kumar Yadav +91 99454 72589 Company Secretary jtl@churchgatepartners.com secretarial@jtl.one DISCLAIMER: Certain statements in this document that are not historical facts are forward-looking statements. Such forward-looking statements are subject to risks and uncertainties including government actions, economic developments, regulatory changes, and other factors that could cause actual results to differ materially. Statements regarding industry position, certifications, and market standing, including those based on the Company’s current knowledge and information available in the public domain, are subject to change and may involve certain assumptions and interpretations. JTL Industries Limited undertakes no obligation to publicly update these statements to reflect subsequent events or circumstances.